Brother Industries (OTCMKTS:BRTHY) Sets New 52-Week High – Still a Buy?

Brother Industries Ltd. (OTCMKTS:BRTHY)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $44.52 and last traded at $44.21, with a volume of 1060 shares trading hands. The stock had previously closed at $40.40.

Brother Industries Stock Performance

The firm has a market cap of $5.62 billion, a P/E ratio of 15.28 and a beta of 0.08. The company’s 50 day moving average is $37.91 and its 200 day moving average is $39.12.

About Brother Industries

Brother Industries, Ltd. is a multinational electronics and electrical equipment company based in Nagoya, Japan. The company specializes in the design, manufacture and sale of a wide range of products including printers, multifunction printers, label printers, sewing and embroidery machines, garment printers, and industrial sewing machines. In addition to hardware, Brother provides related software solutions and support services to help customers optimize their document workflows, improve production efficiency and maintain equipment performance.

Brother’s printer and imaging division offers laser and inkjet models for home, office and industrial use, with features such as wireless connectivity, cloud integration and high-speed printing.